EXECUTIVE SUMMARY

 

Opportunity to be your own boss and own and operate a SUBWAY franchise in Hawaii.  Located in a high traffic location, operated for over 17 years, with strong consistent revenues of over $56,000 a month. In addition, the owner made a financial commitment by renovating the store in 2019. The current owner works about 12 hours a week in business mostly doing the financial reporting and not operations. The owner has indicated that when she did work in the store the “Add on” business was almost double that of other employees. Therefore, a motivated owner operator who plans on working this business should be able to increase revenues and profits by implementing a more marketing to local businesses, training of employees to sell more Add-ons and making sure they are controlling expenses.

 

COMPANY

Listing ID:  HI Sandwich

Location: Maui, Hawaii

Type of Entity:  S Corporation

Year Established:2003

 

FINANCIAL SUMMARY

     2019

Revenue: $670,000

SDE: $50,795 working part time 12 hours a week

SDE: $107,995 if worked full time in the business by replacing manager

 

OFFERING SUMMARY

Asking Price:  $399,000

Included Inventory:  $4,000

Tangible Assets:  $50,000

Non-Compete: 5 years in 10-mile radius

Training:  2 weeks; 30 hrs./wk.

Sale Reason: Retirement

 

REAL ESTATE/LEASE DETAILS

Status: Leased to 7/31/22 + 5-year option

Monthly Rent: $3,608 plus GET + CAM

Sq. Ft.:600

Other: Newly remodeled